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Deep Wind Offshore wins the auctions for the Saare 2.1 and Saare 2.2 offshore areas
We advised the Norwegian company Deep Wind Offshore on the purchases of the Saare 2.1 and Saare 2.2 offshore areas. As the sole participant in the auction, Deep Wind Offshore acquired the Saare 2.1 offshore area at the starting price of EUR 2.457 million, and Saare 2.2 also at the starting price of EUR 1 […]
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Silmäasema acquires 25-year-old Estonian chain of optical stores
We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]
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Mainor becomes the sole developer of Baltics’ biggest business campus
We advised Technopolis on the sale of its majority shareholding in Technopolis Ülemiste to Mainor Ülemiste, its partner in the joint venture. The sale was completed following a positive decision from the Estonian Competition Authority. Technopolis provides efficient and flexible office spaces in six European countries, comprising 16 campuses hosting 1,500 companies and 48,000 employees. […]
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Finnish forest industry giant Metsä Group sells its Estonian wood supply business to Combiwood
We advised the Finnish forest industry company Metsä Group on selling its Estonian subsidiary Metsä Forest Eesti’s wood supply business to Combiforest, an Estonian woodworking company owned by Combiwood Grupp. The parties have also agreed on long-term deliveries of pulpwood and chips to Metsä Group. Among the largest forest industry companies in the region Metsä […]
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Sorainen assists the government in creating a “green corridor” to accelerate investments
The Ministry of Economic Affairs and Communications contracted us to analyse Estonia’s administrative procedures and make proposals to streamline the relevant processes. The analysis, titled “Streamlining Investment Procedures (for New Businesses and Establishments)”, examines the possibilities of creating a “green corridor” to encourage high value-added investment by cutting red tape and shortening the time required […]